Acura Joins the American Le Mans Series

Acura will enter the 2007 American Le Mans
Series, initially competing in the LMP2 class, company officials announced today.
This will mark Acura's first factory motorsports program in the 20-year
history of the company.

An Acura-powered endurance racing prototype will make its competition debut
at the 55th Mobil 1 Twelve Hours of Sebring in March of 2007, racing against
manufacturer-supported efforts from Audi, Porsche and Mazda, and a variety of
well-equipped privateer teams.

"As Acura marks its 20-year anniversary, I can't think of a better
racing series to showcase our technology and performance than the American Le
Mans Series," said John Mendel, senior vice president, Auto Operations.
"Our entry as a full factory team in the American Le Mans Series will
accurately reflect Acura's position as a leader in automotive performance
and technology, and provide us with an arena in which to compete against other
manufacturers in endurance sports car racing."

The American Le Mans Series draws on the heritage of long-distance "endurance"
sports car racing in both Europe and the United States as exemplified by the
historic 24 Hours of Le Mans. The 10-race domestic series includes the 12 Hours
of Sebring - a U.S. fixture since 1952 - plus events at the country's
premier road circuits, including Road America, Mid-Ohio Sports Car Course, Laguna
Seca, Lime Rock Park and Road Atlanta.

Sports car competition in the American Le Mans Series features multi-class
racing of high-tech sports car prototypes and production-based Grand Touring
machinery, with both factory-entered manufacturer teams and relentless privateers
battling for victory. State-of-the-art technology and engineering, in everything
from electronics to aerodynamics to fuel efficiency, are keys to success in
the Series. Manufacturers currently fielding teams include Volkswagen/Audi,
Porsche, BMW, Ferrari, Lexus, Aston Martin, Panoz and Chevrolet.

The American Le Mans Series is one of the fastest-growing racing series in
the U.S., with a rapidly growing fan base attending the events and watching
on television. Five of the 10 races in 2006 will be broadcast by CBS, with the
remaining five events and Le Mans telecast on the cable/satellite SPEED network,
including a prime-time season finale at Laguna Seca.

"We are delighted to have Acura join the American Le Mans Series,"
said Scott Atherton, president and CEO of the Series.

The new Acura American Le Mans Series program will feature the first racing
engine completely designed and developed in-house by Honda Performance Development
of (HPD) Santa Clarita, California, American Honda's wholly-owned racing
subsidiary. It will mark the first time HPD has taken on multiple concurrent
motorsports programs in both the American Le Mans Series and the Indy Racing
League.

Acura will take part in the full American Le Mans Series schedule, while at
the same time Honda continues its long-standing participation in the Indy Racing
League, supplying the entire IndyCar Series field with Honda Indy V-8 engines.

"We're looking forward with great anticipation to entering the
American Le Mans Series," said Robert Clarke, president of Honda Performance
Development. "In addition to returning Acura to the international racing
stage against other innovative automotive manufacturers, it allows us to continue
to grow HPD into a world-class performance company.

In 2007, the Acura race program will feature HPD-designed and developed engines,
and chassis from multiple manufacturers, including Lola Cars International,
Ltd., of England, and Courage of France. After initial competition in the LMP2
class, plans call for the development of an Acura LMP1 chassis and engine package
to compete in the American Le Mans Series, and earn an invitation to the 24
Hours of Le Mans.

Honda Performance Development was founded in 1993 as the wholly owned racing
subsidiary of American Honda Motor Co., Inc. It has served as the technical
operations center for Honda's IndyCar engine program. HPD last year opened
a new, 123,000-square-foot headquarters to increase the company's racing
manufacturing, research and development capacities.

Acura previously participated in the International Motor Sports Association
in the early 1990s, providing sponsorship and additional support for the Comptech
Racing team in the Camel Lights division. Although not a full factory effort,
Comptech and lead driver Parker Johnstone won three consecutive class titles
from 1991-93 in an Acura-powered Spice chassis, with 22 race wins in 38 starts,
including the historic 12 Hours of Sebring in 1993. In addition, Acura has supported
the multiple championship-winning efforts of Peter Cunningham and Real Time
Racing in SCCA World Challenge/Speed TV competition.

Testing of the Acura-powered American Le Mans Series cars will begin this summer,
with drivers and teams to be announced in the near future.